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According to the public record, 8, Rectory Lane, Banstead is a early-century leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Rectory Lane, Banstead is £201,749 and the estimated rental value is £1,034 per month.
The apartment is within 8, Rectory Lane, Banstead, SM7.
Rectory Lane, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
8, Rectory Lane, Banstead has 2 entries in the Land Registry , most recently in March 2011 and a single entry in the EPC database dated May 2025.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, Rectory Lane, Banstead is in very good condition we estimate a sale value of £211,837 and a rental value of £1,086 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £187,627 and a rental value of £962 per month.
Over the last 12 months the sale value of 8 Rectory Lane Banstead has decreased by an estimated £2,069 (1.0%) and its rental value has increased by an estimated £56 per month (5.5%), giving an expected gross yield of 6.2%.
8, Rectory Lane, Banstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 May 2025.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Rectory Lane, Banstead was last sold on 16th March 2011 for £122,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2011, the market for similar properties has risen 130.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 890 metres radius of 8, Rectory Lane, Banstead over the last 2 years.
The most recent example is 5, Rectory Lane, Banstead, SM7 3PP, a freehold house which sold for £450,000 on the 11th March 2022.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rectory Lane, Banstead, SM7 has a total of 64 addresses. According to our analysis of all the public data, 8, Rectory Lane, Banstead is the 34th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £452k less expensive than the average property in SM7.
The closest station to 8, Rectory Lane, Banstead is Chipstead station which is 800 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Rectory Lane, Banstead, 55.2% of property is privately owned with a mortgage and 31.6% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8, Rectory Lane, Banstead, 24.8% of residents are recorded as possessing school level qualifications and 39.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, Rectory Lane, Banstead, the average age was 41.6 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8, Rectory Lane, Banstead, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8, Rectory Lane, Banstead, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.